Beyond Commerce Inc (BYOC)

[sundownsam]

What this statement could be actually saying...On March 31, 2021, Beyond Commerce, Inc., a Nevada corporation (the “Company”), entered into a Stock Purchase Agreement (the “SPA”) with an existing institutional investor (the “Investor”)?

The above appears to be saying that one of their existing institutional investors (not new) invested more money in the company because they believe that this company has exceptional qualities or potential, in other words the company is a diamond in the rough lacking refinement, but that they need to hire people who knows how to refine and polish diamonds.

I am just trying to grammatically analyze the above statement fairly without hyping, as I stated I dislike hyping.